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Gold/Mining/Energy : REX DIAMOND MINING TSE:RXD -- Ignore unavailable to you. Want to Upgrade?


To: 1st.mate who wrote (1078)1/14/1999 5:05:00 AM
From: Bob Fairchild  Read Replies (1) | Respond to of 2522
 
I was ready to pack much of this investment in when the recent events in Sierra Leone were transpiring as I originally bought the stock for the S.L. deposit when it was in the 90 cent range. I fully expected they would be back into the country in November, then early this year. The downside was always limited due to the South African operations. The news from Mauritania has renewed my optimism for the company and I feel that they are on the threshold of a major discovery. I also like the fact that the President of the company was buying into his company big time and that is what stopped me from selling even in the face of the attacks on Freetown. The company has a small public (non insider float) and a top notch exploration team. Bob